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Financing (Income) Expenses
12 Months Ended
Dec. 31, 2018
FINANCING (INCOME) EXPENSES  
FINANCING (INCOME) EXPENSES

9. FINANCING (INCOME) EXPENSES

                                                                                                                                                                                                                                               

($ millions)

 

2018

 

2017

 

 


Interest on debt and finance leases

 

897

 

945

 

 


Capitalized interest at 5.4% (2017 – 5.5%)

 

(156

)

(729

)

 


 

 Interest expense

 

741

 

216

 

 


 

 Interest on partnership liability (note 35)

 

56

 

5

 

 


 

 Interest on pension and other post-retirement benefits

 

56

 

58

 

 


 

 Accretion

 

266

 

247

 

 


 

 Foreign exchange loss (gain) on U.S. dollar denominated debt

 

1 090

 

(771

)

 


 

 Foreign exchange and other

 

(70

)

(52

)

 


 

 Loss on extinguishment of long-term debt

 

3

 

113

 

 


 

 Realized gain on foreign currency hedges

 

 

(62

)

 


 

 

2 142

 

(246

)